A Bond That Guarantees That the Person Responsible for the Property

question 36

Multiple Choice

A bond that guarantees that the person responsible for the property of another will faithfully exercise his or her duties is called a

• A)fiduciary bond.
• B)performance bond.
• C)court bond.
• D)contract bond.

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Definitions:

Social Circle

A group of friends or acquaintances with whom a person regularly interacts.

Depends

A term indicating that the outcome or conclusion varies based on specific circumstances or variables.

Grandparents

Typically refers to the parents of a person's parents, often playing a significant role in family structure and child-rearing.

United States

A federal republic consisting of 50 states and a federal district, known for its significant economic, political, and cultural influence globally.